Financial Services >> CEO Interviews >> July 22, 2002
BRYCE BLAIR is the Chairman, Chief Executive Officer and President of
AvalonBay Communities, Inc. the company, headquartered in Alexandria,
Virginia, is a real estate investment trust in the business of
developing, redeveloping, acquiring, and managing luxury apartment
communities in the high barrier-to-entry markets of the United States.
These markets are located in the Northeast, mid-Atlantic, Midwest,
Pacific Northwest, and Northern and Southern California regions of the
country. As of June 30, 2002, AvalonBay owns or holds interest in 145
apartment communities containing 42,619 apartment homes in 11 states and
the District of Columbia, of which 16 communities are under construction
and two communities are under reconstruction. Mr. Blair received his
Master's degree in Business Administration from Harvard Business School
in 1985. He graduated magna cum laude with an undergraduate degree in
Civil Engineering from the University of New Hampshire. He is a member
of the Urban Land Institute, The National Multi-Housing Council and the
Real Estate Roundtable. Profile
TWST: Could we begin with a brief historical sketch of the company andan overview of things as they are now?
Mr. Blair: AvalonBay is a multi-family apartment REIT, a real estate
investment